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71% Indians have low or zero trust in cryptocurrencies as India seeks to block most cryptos in new Bill

Shortpedia

Content Team
Image Credit: shortpdia

As the government is all set to bring a Bill to ban all private cryptocurrencies in India, a survey by LocalCircles has found that Indians currently have low levels of trust in international cryptocurrencies. The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, is listed for introduction in the Lok Sabha in the winter session, as the government is looking to bar most private cryptocurrencies in India.